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0% property tax hike made official
Poll
Yes, this is enough
There will be no general change in municipal property tax rates for Medicine Hat this year as council approved a plan to use $832,000 more in reserve spending to make up for assessment values that were hammered by the COVID pandemic.
That amount relates decreasing value of hotel business in mid 2020, and outweighed gains in new construction, and would have required an elevated rate, though council had long signalled they wanted a second year of no tax increase.
“We are providing a zero,” said Mayor Ted Clugston. “Other municipalities are starting to (provide zeros), but I’m not sure how many have done it two years in a row, so I’m quite proud.”
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